Busey selects Jack Henry to support growth
Busey Bank Partners has responded to its recent growth by adopting Jack Henry & Associates’ SilverLake System, reports Jane Connolly. 
Having nearly tripled in size over the last four years, the Illinois-based $9.7 billion-asset bank and its holding company, First Busey Corporation, chose Jack Henry’s solution to provide an open banking ecosystem following a thorough technological and systems analysis.
The technology is understood to be replacing the NuPoint core banking system from Jack Henry’s rival, CSI.
Busey was looking for open architecture, improved workflows and enhanced digital capabilities, with a solution that enables the bank to easily connect with additional technology providers as it grows into new markets.
“As we thoroughly evaluated our technology across all areas of the enterprise from personal and business banking to retail and commercial to operations, we wanted a partner that would elevate Busey’s associate and customer experience, offer options to easily scale and position us for success as we continue to grow,” says Howard Mooney, chief information officer of First Busey Corporation.
He adds: “Jack Henry stood out on multiple fronts. Its advanced API network provides the open architecture and sophisticated connectivity necessary for us to chart our own course. This partnership supports our dedication to strategic process improvements and investment in integrated technology platforms, enabling us to better serve customers now and in the future.”
Busey has chosen a suite of Jack Henry solutions for retail and commercial operations, including the Banno Digital Banking Suite, which Mooney describes as “a substantial differentiator” in Busey’s digital strategy.
